- US and offshore tax regulatory compliance consulting and reporting
- Tax minimization planning
- International mergers and reorganizations
- Transfer price analysis
- Cross-border strategies
- Payroll tax compliance
- Business agreements, including asset purchase agreements, operating agreements, confidentiality agreements, breach of contract resolution
- Business formation, including limited liability companies, S corporations, shareholder partnership and joint venture agreements, corporate governance
- Business planning, including tax minimizing strategies, reorganizations, dissolution of taxable and non-taxable entities
- Temporary visas for work, business, investment or pleasure
- Permanent residence and U.S. citizenship
- Employer Compliance
- Slip and fall
- Workers compensation
- Defective products
- Automobile accidents
- Chapter 7 Liquidation
- Chapter 11 Reorganization
- Chapter 13 Individual Debt Adjustment
Global Law offers businesses, investors, families and individuals a range of legal services geared toward financial planning and problem solving. We offer flat fees and flexible payment options.
For Business and Corporations
- Entity Formation
Global has helped hundreds of clients experience the benefits of setting up the right business structure to meet their overall objectives. The most common forms of business entities are partnership, corporation, S corporation and limited liability company (LLC). Corporations and Limited Liability Companies, in particular, are quite useful because they are separate and distinct legal entities that can help shield owners from liability, and in many instances, provide great tax advantages. However, it may not always be the most suitable. Many legal and tax considerations enter into selecting the right entity. Whether starting a new business or converting an existing one, Global has the expert, experienced knowledge to help determine the right business structure to suit your business needs.
- US and Offshore Tax Compliance and Reporting
Today’s U.S. based global businesses encounter complex, new tax planning and compliance challenges that must be understood individually but addressed collectively. Effective tax planning aligns with the company’s operations and integrates with the overall business plan. Your business needs a law firm with U.S. knowledge and a global perspective to deliver strategic, integrated tax solutions that help you capitalize on the world of opportunity available to your business. You can trust Global Law to help you meet your bottom-line objectives: reduce taxes on earnings, enhance margins and grow the business. Our tax practice’s experience in multinational structuring matters and advanced tax planning includes international business advice and planning including Sub-part “F” income, foreign tax credits, worldwide tax minimization planning, international mergers and reorganizations, transfer price analysis and cross-border strategies. You can count on Global Law’s resources around the world through our affiliates in Dubai, Venezuela, and Miami. International tax compliance and reporting is a full-time job. We save you the headache of managing these complex tax responsibilities. We offer timely, high-quality responses to the complex tax return and information-reporting requirements of international business and investment activity so you can avoid significant penalties for noncompliance and maintain the most tax-favored position. Timely, accurate compliance services also lessen the risk of double taxation.
- Insolvency Workouts
Global Law helps businesses in need of protection from creditors. In some situations debt negotiation or debt litigation may be enough to bring the company’s finances under control. Many times, Chapter 11 is the best solution for companies that want to repay their debts while staying open for business. Chapter 11 gives the business protection from lawsuits while the owners work out a plan for restructuring the business’ financial situation and covering its debts. Our attorneys are available to advise business executives of their options and the benefits of Chapter 11. We will help you develop and submit a plan to creditors for approval, and to the court, if the creditors do not approve the plan. Once the financial course is corrected the business may petition to close the Chapter 11. We urge you to contact Global Law for help.
- REITS and REMIC
The creation of “Real Estate Mortgage Investment Conduit” (REMIC) and “Real Estate Investments Trust” (REIT) came into existence as a new type of financial instruments, the REMICs and REITs residual interests, the economics and tax treatment of which are quite unlike those of any other financial instrument. REMICs and REITs residual interest are unique creatures of the tax laws and exists only because the tax laws say it must, and not because there is a particular demand for such instruments in the marketplace. Moreover, residual interests are intensely regulated by arcane and complicated tax rules that are designed principally to maximize a holder’s tax liability. Accordingly, it is appropriate to examine the complex tax rules associated with residual interests, particularly since these rules are relevant to the holder of a residual interest, but also to the REMICs and REITs itself, and indirectly to the holders of such instruments.
- Work Visas
- Global Law has extensive experience successfully representing companies and individuals undergoing immigration process throughout the United States and in many foreign countries. We understand the business considerations of onboarding new talent and the legal complexities associated with hiring foreign nationals. We also understand the unique legal challenges facing individuals crossing borders for work and to be united or re-united with family. Global Law has the expertise to help meet these challenges.
Today’s colleges and universities are producing more foreign national graduates seeking employment within the United States. One option available to employers is the H-1B nonimmigrant visa which allows businesses to sponsor highly skilled foreign nationals in specialized occupations to work on a temporary basis. These specialty occupations include IT, finance, accounting, banking, engineering, teaching, medical, legal, among others. To qualify for the H-1B visa, foreign nationals must have at least a Bachelor’s degree in their specialized field. This is just one of the many temporary visa options available.
In addition to nonimmigrant (temporary) visas, a foreign national may attaining permanent resident (Green Card) status. Unlike nonimmigrant visas, which limit the length of stay in the U.S., a Green Card enables individuals to work and remain in the United States indefinitely. An individual may be granted lawful permanent residence to work in the U.S. through employment sponsorship, and in some instances, self-sponsorship.
- I-9 and Payroll Tax Compliance
I-9 Compliance – Are your employees eligible to work? Immigration and Customs Enforcement (ICE) has increased worksite audits to enforce employment eligibility laws. Penalties range from $100 to $1,000 for each incorrect or missing I-9. The single most important step an employer can take to help protect against potential fines and criminal charges is to identify and resolve errors, omissions and discrepancies on their I-9 Forms. We can: audit your I-9s and recommend corrective action, advise what action to take when you receive a no-match letter, help you discern authenticity of I-9 documentation, and recommend best record keeping methods.
Payroll Tax Compliance – We can guide your new business through the government requirements and help you set up a payroll and tax withholding system to keep your company compliant.
When you pay someone to perform work, you are forming either an employer/employee relationship or an independent contractor relationship. If the relationship makes you an “employer” it is your responsibility to ensure payroll tax and employment eligibility compliance. It is often difficult to discern whether an individual is an employee or an independent contractor. The IRS uses the “20-factor test” to assess the degree of control by the company over the individual performing the work. Global Law has years of experience guiding business through the analysis and assisting with services to ensure compliance.
- We assist individuals in Tax planning, Audit representation, Offers in Compromise and negotiate with payments to the IRS and State Tax departments. Global has been helping individuals resolve tax issues for 20 years.We can reduce, and in some cases, eliminate tax debt. Services include Offer in Compromise, release of IRS tax levies and liens, eliminate tax penalties, payment plans for back taxes, file non-filed and amended tax returns, and tax audit representation.
- Global Law understands the unique needs of individuals and their families immigrating to the U.S. Our goal is to provide you with immigration options whether you are going through a divorce and need a new status, moving a child out of derivative status, or bringing a fiancé, parent(s), spouse or child(ren) to the U.S. We also offer assistance obtaining U.S. Citizenship.
For Individuals and Businesses Facing Financial Hardship
For individuals and business facing financial hardship, it may be necessary to explore the options for relief under the U.S. Bankruptcy Code. Options include asset liquidation, financial reorganization or repayment plan. Global Law provides bankruptcy services for residents and businesses throughout Maryland and Virginia.
- Chapter 7 Liquidation – A Chapter 7 bankruptcy case does not involve the filing of a plan of repayment as in chapter 11 and chapter 13. Instead, the bankruptcy the debtor’s nonexempt assets are sold and the proceeds of those assets are sold to pay creditors. Corporations, partnerships, and sole proprietorships and individuals may file Chapter 7 Bankruptcy.
- Chapter 11 Reorganization – In a Chapter 11 bankruptcy case the debtor (usually a business) proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can seek relief in Chapter 11.
- Chapter 13 Individual Debt Adjustment – Chapter 13 bankruptcy offers individuals (including sole proprietors) a number of advantages over liquidation under chapter 7. Perhaps most significantly, chapter 13 offers individuals an opportunity to save their homes from foreclosure. By filing under this chapter, individuals can stop foreclosure proceedings and may cure delinquent mortgage payments over time.